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China appoints Ding Xuedong as new CIC chairman -sources

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June 28, 2013 7:44 PM

BEIJING (REUTERS) - China's US$500 billion (S$ 635 billion) sovereign wealth fund China Investment Corp (CIC) has appointed cabinet official Ding Xuedong as its new chairman, two sources said on Friday, ending a three-month search.

 
 
 
  Reported by Straits Times 12 hours ago.

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